Most of Azerbaijani oil exported via BTC in 2011

Oil&Gas Materials 13 January 2012 18:04 (UTC +04:00)

Azerbaijan, Baku, Jan.13 / Trend E.Ismayilov /

Azerbaijan exported around 39.13 million tons of oil via pipelines and railways in 2011, a source in oil and gas market told Trend on Friday.

The source said that 33.33 million tons of the total volume exported in 2011 fell to Baku-Tbilisi-Ceyhan (BTC) oil pipeline, over 2 million tons - to Baku-Novorossiysk oil pipeline, and over 3.8 million tons of oil were transported via Baku-Supsa oil pipeline operated by BP.

About 1 million tons of oil were transported via railways to Georgia in 2011.

Baku-Tbilisi-Ceyhan oil pipeline which delivers oil to the Turkish Ceyhan port is the main export route of transporting Azerbaijani oil.

BTC Co. shareholders include: BP (30.1 percent); AzBTC (25 percent); Chevron (8.90 percent); Statoil Hydro (8.71 percent); ТРАО (6.53 percent); Eni (5 percent); Total (5 percent); Itochu (3.40 percent); Inpex (2.50 percent); ConocoPhillips (2.50 percent) and Amerada Hess (2.36 percent).

The capacity of the pipeline is 1.2 million barrels of oil per day.

Azerbaijan also exports its light oil from the Georgian Supsa port where it is delivered via Baku-Supsa oil pipeline.

Oil is also exported from Georgian Black Sea port Batumi where it is delivered via railway from Baku and from Novorossiysk port via Baku-Novorossiysk oil pipeline.